10 Tips for Holding a Successful Yard Sale

by Miranda Marquit · 0 comments

Summer has arrived. The sun is out, and many people are shopping yard sales. You might be interested in holding one yourself, and making a little money while clearing out some of the clutter in your home. As you get ready to put together your own yard sale, consider these 10 tips for making it a success:

  1. Hold it at the beginning of the month: Commonly, those paid monthly or twice-monthly receive a paycheck at the end of the month, or the beginning of the month. This means that the first weekend of the month is ideal, since that’s when people have cash in their pockets.
  2. Get as much set the night before as possible: A good yard sale has to start early — 8 a.m. at the latest. If you get as much set out as possible, that’s a bonus. If you have a garage, pull the car out and set it all up the night before.
  3. Go in with someone else: Hold a yard sale in conjunction with others. You can split advertising costs, and you can draw more shoppers to the area with the lure of the whole street or neighborhood having treasures to look through.
  4. Make visible signs: Create visible signs, and place them by heavily trafficked roads and intersections. You can even look in the newspaper and place signs near the end of the street of others’ sales. People will see your signs as they leave the advertised sale, and then look for yours.
  5. Advertise: Use Craigslist, Facebook and the low-cost penny savers to advertise your sale. If you are selling big ticket items, it might be worth it to pay to advertise your sale in the local newspaper. Many newspapers have yard sale packages.
  6. Be willing to bargain: Your treasure is someone else’s really good deal. You have to be willing to bargain, and realize that sentimentality isn’t going to sway the potential buyer.
  7. Have a lot of change ready: You need to be ready with plenty of change. Go to the bank the day before and make sure you have plenty of $5 and $1 bills, as well as quarters, dimes, nickels and pennies.
  8. Keep an eye on your money: Not everyone is honest. Make sure there is always someone watching the cash box. At least two of you should be sitting out there so that one of you can keep an eye on the cash. Every now and then, take some of the money back into the house — especially if you end up with some larger bills. That way, if someone does take off with your cash, you don’t lose all of it.
  9. Consider selling things in lots: If you have a lot of baseball cards, you can consider selling them all for a good price. Or, you can have a bin labeled to show that all the books inside it are 15 cents apiece. Some yard sale holders will even provide grocery bags: Any baby clothes you can fit in the back, you can take for $4.
  10. Have a back-up plan for your stuff: If it doesn’t sell, and it’s in reasonably good condition, donate it to the local thrift store or Goodwill. Make sure you get a receipt. At least it can be used as a tax deduction.

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